Log In/Sign Up
Your email has been sent.
111 W Bank St 12,588 SF 10% Leased Industrial Building Salisbury, NC 28144 $1,050,000 ($83.41/SF)
Investment Highlights
- Attractive going-in basis below replacement cost in a tightly held industrial market.
- Located along the I-85 Growth Corridor between Charlotte and the Triad Metros.
- Premier infill site in the heart of downtown Salisbury's active revitalization.
- Positioned directly across from the $25 Million Empire Hotel Restoration.
- Flexible asset supporting owner-user, interim income, or long-term hold strategies.
- Functional improvements supporting interim use, adaptive reuse, or ground-up redevelopment.
Executive Summary
Gerard Hamas
License # 362768, C42113 (NC)
Matthews of North Carolina, LLC
307 W. Tremont Ave., Ste 200, Charlotte, NC 28203
(866) 889-0550
License # 362768, C42113 (NC)
Matthews of North Carolina, LLC
307 W. Tremont Ave., Ste 200, Charlotte, NC 28203
(866) 889-0550
Property Facts
| Price | $1,050,000 | Rentable Building Area | 12,588 SF |
| Price Per SF | $83.41 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1946/2006 |
| Property Type | Industrial | Parking Ratio | 1.59/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 13’ |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 0.42 AC | Opportunity Zone |
Yes
|
| Zoning | B5:CENTRAL - Central Business | ||
| Price | $1,050,000 |
| Price Per SF | $83.41 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.42 AC |
| Rentable Building Area | 12,588 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1946/2006 |
| Parking Ratio | 1.59/1,000 SF |
| Clear Ceiling Height | 13’ |
| No. Dock-High Doors/Loading | 1 |
| Opportunity Zone |
Yes |
| Zoning | B5:CENTRAL - Central Business |
Amenities
- Security System
- Signage
- Accent Lighting
- Demised WC facilities
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 010-1600 | Improvements Assessment | $206,959 |
| Land Assessment | $143,798 | Total Assessment | $350,757 |
Property Taxes
Parcel Number
010-1600
Land Assessment
$143,798
Improvements Assessment
$206,959
Total Assessment
$350,757
Contacts
-
David Bennett -
Thomas Wilkinson -
Harrison Auerbach -
Matthews Real Estate Investment Services
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
111 W Bank St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.